£826,093
This estimated value is based upon the latest sale price for the house of £578,000 on 24 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54 Southwark Bridge Road, London, SE1 0AR
Phone: 02081157266
| Price Paid | Date |
|---|---|
| £578,000 | 24 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £578,000 results in an estimated price of approximately £826,093.
| 24 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £578,000 | £248,093 | £826,093 |
The Postcode Pricing Model uses changes in average sales price within the SE1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -31.394 % | £-181,460 | £396,539 |
| 3 Month Average | -12.421 % | £-71,794 | £506,205 |
| 6 Month Average | -4.458 % | £-25,766 | £552,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £832,322 | £820,000 | 2 24A MARSHALSEA ROAD |
| 13 Jul 2023 | £582,338 | £574,500 | FLAT 3 28 CLENNAM STREET |
| 1 Feb 2023 | £2,188,527 | £2,190,000 | 65 UNION STREET |
| 8 Sep 2022 | £522,778 | £527,000 | FLAT 19 BABINGTON HOUSE REDCROSS WAY |
| 24 Mar 2022 | £77,720 | £75,000 | 24 MARSHALSEA ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jan 2015. Using an estimated price of £826,094 means this house is valued at £9,495 per sq meter (£882 per sq foot).
The average size of a house on REDCROSS WAY is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ayres Street |
| Jan 2024 | Anti-social behaviour | On or near Dorrit Street | |
| Jan 2024 | Anti-social behaviour | On or near Dorrit Street | |
| Jan 2024 | Anti-social behaviour | On or near Dorrit Street |